I'm always impressed by Peter's ability to keep an even keel despite emotions present in a conversation

@titsonafish

3 ай бұрын

I agree. Whether you agree with him or not, every interview or debate I've seen him in, he carries himself really well.

@geoms6263

Ай бұрын

what about the price sir?

@davidbinkowski4825

26 күн бұрын

Absolutely. And I like it when the anti-dollar people all get along. I started by watching people like Peter Schiff. And even though we disagree on Bitcoin we agree on gold and precious metals. So I have no animosity. I believe owning MULTIPLE anti-dollar trades is the best play. Let them fight over which is superior in my portfolio. After all, I have a high quality probelm when SOME of what I own is up handsomly, and the rest of what I own is up substantially more. Nothing I own is down. So we have a high quality problem there, right? For now Bitcoin and other cryptos are winning hands down, and metals are lagging. But that may not always be the case, and some analysts see a time where the trajectory of metals in the future may be steeper than crypto in the future. But probably not as steep as crypto is now. That's fine, I'll own it all. Just not the dollar... We still love you Peter...

Awesome for Max Keiser to Air this, its not pro his bitcoin but yet he had it air on RT. Very balanced journalism in our crazy days, thanks Max!

@geoms6263

Ай бұрын

yes...but are you milionaire in bitcoin?

Peter is actually right. The data behind bitcoin (financial ledgers) actually possess very little value. No one in their right mind would pay this much for such frivolous data. Better cryptos will emerge, and Gold will never lose its place. The fact that people think the value of Gold is entirely subjective speaks on their ignorance of chemistry and metallurgy. What I think Peter misses however is that Bitcoin is a deflationary currency, hence its price going up just means its infinitely divisible fractions is going up.

@thawk2484

4 ай бұрын

lol

@reallyshel

3 ай бұрын

Lmao yikes. This comment didn't age well.

@christythomas231

3 ай бұрын

😂😂😂

@cryptogeist8872

Ай бұрын

😂

It's like watching two kids debating which sports team is better. And the funny part is that the same argument Peter uses against bitcoin can be applied to gold.

God I would love to debate Peter on Bitcoin. So many missed arguments by Max.

@geoms6263

Ай бұрын

are you a milionaire in btc?

STRAIGHT TO THE MOON BITCOIN, ALL THE WAY UP!!!

@kbkesq

3 жыл бұрын

Did you hodl? You are a happy man then.

@kbkesq

3 жыл бұрын

Knocking on $20,000.

@exmuslimnfreee6102

3 жыл бұрын

This aged well indeed

@reallyshel

3 ай бұрын

Enjoying your gains? 😊

Got to love Max

how do I purchase something from overseas using physical gold?

Correction for Peter. The people who bought it were EXTREMELY SMART. 12:08

Peter being right about bit coin is a sure thing.

@islandbee

6 жыл бұрын

Right about what?

@thelivingman7171

6 жыл бұрын

That's right shit for brains, you don't even really exist. Believe that!

@willm9608

3 жыл бұрын

Sure...

@urigeheadmot1196

6 ай бұрын

😅

@reallyshel

3 ай бұрын

YIKES 😂😂😂

Hi Pete, what price was btc when this interview happened? And what’s Btc price today? $52,000. So in three years still no one wants btc? 🧐🧐

@jonathanvanbuer

2 жыл бұрын

not anymore right

@cryptogeist8872

Ай бұрын

Not right

I love Peter and his father even more for his courage to fight the FED. But he has tp understan and recognise that the future is and will be more and more digital. And as u need real gold. U also need digital gold.

how am I going to use physical gold to purchase something off Amazon?

that hasn't aged too well for Schiff.

Fantastic interview very very good to hear both sides ty

Thing is, we do need a currency of some sort. Gold is not going to cut it, fiat is not going to cut it. So Bitcoin.

Peter. Been listening since 2006. You needed this perspective from max. listen to him, you cant deny that he makes some excellent points. Ignoring their validity just hurts you and your clients. Dont let your opinion replace the facts.

@reallyshel

3 ай бұрын

Peters clients continue to lose.

@geoms6263

Ай бұрын

are you milionair?

This isn’t ageing very well for Schiff 😀😀

@MicEE2998e5

2 жыл бұрын

how?

@JohnJohnCrusher

Жыл бұрын

Give it time

@reallyshel

3 ай бұрын

Here in 2024...this STILL hasn't aged well.

That magical "intrinsic" value of gold is quite low... jewelry, good conductor, shiny looking teeth replacement... the end. This would never justify the current price of gold... that is only caused by people's *faith* that it will be respected as store of value... just like cryptos. And should this prove false, I really don't care if my Ethereum goes from 300 to 0 or my gold from 1200 to 50, it is massive loss and wrong investment in both cases. I own gold, silver, 5 types of cryptos and recently bought a house on reasonable mortgage fixed for 20 years at 2,9%. Really, nobody knows what will happen during the next crysis, which assets goverments decide to tax massively so... best to have it all... :D

Peter must feel like someone 4000 years ago telling everyone the earth is round :D

Dollar is the leper with the most fingers left. Dollar is DONE.

Great to see two people, with equally passionate points of view, vigorously but respectfully debate a great topic irrespective of who ends up being correct.

@JohnJohnCrusher

Жыл бұрын

They will both be correct. Peter will be correct in the end. Hopefully Max sold out at 50k++

Hey Peter. Are you going to wait until bitcoin is $200k?

@MicEE2998e5

2 жыл бұрын

I do not think you understand his argument

@omadoutlaw4868

11 ай бұрын

​@@MicEE2998e5he's got a good argument, but gold hasn't been a currency for a long time. Gold is a store of value and not a currency. Bitcoin is a store of value. Both are exchanged into fiat. There is an old song line "A lofe of bread could buy a bag of gold "

Kaiser is right dude

I spend my bitcoins all the time. Just bought a plane ticket this weekend. Paid my hosting service with it this month. I will pay my rent with it at the end of the month. I could do none of that with gold.

@gibranhader1702

4 жыл бұрын

Omg why would u do that! Ur rent payment gonna be worth 100'000 $ in a few month

For as obnoxious and constantly interrupting as Max was, Peter aced the point.

Wow max wiped the floor with him and Peter doesn’t even know it .. Peter doesn’t understand network effect

@christophercarrigg3775

3 жыл бұрын

I love Peter but he always thinks he's the smartest guy in the room. He isn't pompous about but it's pretty clear he thinks he's never wrong

What is the inherent value of gold ?

@MrDante10no

6 жыл бұрын

Zhong Zhang It's mettalic properties: rare, uniform, easy mellable, divisible, don't oxidate - virtually indestructible. Goldmetall stores value over long period of time, think decades, centuries, millenium. That is the reason energy (think oil) allways have been, in the end, exchanged for physicall gold, value-for-value. Know of any pharaons, past present or future, having status symbols made of Bitcoins? :)

I have long not understood Schiff's take on Bitcoin. I think I finally get it....well maybe. So I think the hurdle for me was really semantics. Schiff has often stated bitcoin isn't backed by any thing and you can always make more crypto. Because cryptos are all trying to find their nitch the differences between cryptos are what people focus on, all knowing most crypto's will fail and thinking a few will go huge. The problem in the end game is when those few survivors get copied because they are the best. Then get copied again, and again, and again. Which would be the equivalent to quantitative easing.

@Brandoregularo

6 жыл бұрын

I have been using bitcoin since at least 2012 and own it currently, and own other cryptos. Don't bother responding though You seem like a Fuck Head. But if any reasonable people want to respond I am eager to clarify my thoughts.

@Unkn0wnGuy

6 жыл бұрын

Crypto Noob the point he is making is the government will severely punish its use, in one way or another.

@Brandoregularo

6 жыл бұрын

By best crypo's copied I mean basically equivalent crypto's. Not copied just truly competitive. Newsbud also has a good article about how DARPA wrote a paper about creating a digital mint that perfectly describes Bitcoin 10 years before Bitcoin. Welcome to the newer better fiat. Act accordingly.

@athnuachan119

6 жыл бұрын

Cryto Noob National Currency as in replace the AUSD entirely? Must've missed that one.

@mikebassett9195

6 жыл бұрын

Brando - The way schiff is speaking is exactly how I think. What he's saying is Bitcoin has no real value. It's current value is so high because of increase demand for bitcoin. But is that demand because people want to use bitcoin or because people want to make money off it. Schiff thinks people just want to make money off it, and in the end that has to collapse surely. The only way bitcoin can have real future value is probably two ways. 1. governments make it an official currency (schiff believes there is zero chance of that) 2. It becomes an anonymous, untraceable internet currency forever. But then I here other very intelligent saying great things about bitcoin and I think to myself I clearly don't understand it, these people are smart. So possibly you could explain it to me. I also hate these ideas people have that things like bitcoin will transform our future. It's going to make it worse, the current system is corrupt, but the actual system is not wrong. I'd rather deal in cash, than these new technologies which are providing governments the ability to watch everything we are doing.

no electricity no bitcoins...

I love crypto but refuse to trash Peter Schiff, he did very well for himself.

*I would use the metaphor 'they are swimming in bitcoin,' but then I realised that that was impossible as one can only swim in something of value*

@shouldnotinterrupt

6 жыл бұрын

Well, bitcoin has value, and the fact that you can't get your gold confiscated by robbery like gold or silver is very valuable. Also, gold has storage fees. Your arguments are half-baked .

@superiorseven4814

6 жыл бұрын

The idea that something which doesn't physically exist has value because it does not incur storage fees nor can't be stolen, is laughable.

@shouldnotinterrupt

6 жыл бұрын

Is that called the 'swim test' LOL!.. Janet Yellen is that you? Again, your arguments make no sense. Very low IQ you have.

@superiorseven4814

6 жыл бұрын

Fantastic argument. Perhaps you should keep buying bitcoin, its the only chance of possible wealth your ever going to get.

@shouldnotinterrupt

6 жыл бұрын

Since you're the one who bolded your comment with that exact argument it makes allot of sense coming from you.

And actually, the 21 million argument no longer works. Bitcoin cash created more Bitcoins. They are different but the 21 million argument is invalid in my opinion.

@striker890trewq7

6 жыл бұрын

But because this is all a scam anyway, pro crypto people will ignore this fact. Or use semantics to get around it.

Why would Peter post a video of him getting owned?

Funny thing is Max used to be a huge gold bug till bitcoin came along, now in his shows he does not mention gold at all.

@4Mikes4Mindset4

3 жыл бұрын

Evolvement

Great debate.

You can just tell from the way he responds that he's getting a HELL OF A HARD TIME over the whole crypto rally. Poor buggar. I like the guy. Don't take it personally. We all love ya.

@dddd-uk4vn

3 жыл бұрын

Lol

the luckiest broke clock investor of all time

im new to bitcoin thing, it does interest me, but what happens if some kinda solar flare or emp attack were to knock out the power grid or shut down all electrical cmponents, how would i still be able to use bitcoin? i know it sounds crazy and what not, but scientists have said that a solar flare could knock out the grid for a while or permenently, and we still dont have a way to stop it.

@StevenKger

6 жыл бұрын

How would you use your credit card? How would you pick up cash from the bank?

what will be if there is no electricity?

@olsza6969

3 жыл бұрын

@daren darensky as well

Max Keiser is a very large Bitcoin holder. Schiff was big on China stocks/Asia. Max Keiser has never changed his stance on BitCoin.

8/19/2016 Gold $1341 BTC $574; 8/20/17 Gold $1284 BTC $4148, I think the figures speaks for itself. He's been preaching an economic collapse in the last 9 years and said Gold will reach $5000.

Get em Peter!

Max made a fine point: All elements in periodic table has unique qualities but they are only relevant if you are planning to store coins made from them in your pocket. In this case gold in much less attractive than, let's say, silver because it's so damn expensive and it will become even more expensive so you'll have to trade a golden dust particle for food or gasoline. Yes it does not rush, but it's a soft metal and you will want to keep it in a casing and silver doesn't rust in a casing either. On the intrinsic value. How much less value gold will have if it will be valid only for its utility? BItcoin can go to zero and gold can go to almost zero... For a store of value it has no meaningful difference. Gold being physical can be easily confiscated and the owner be jailed, but Bitcoin already has market as a Darknet currency, payment for anonymous VPN/hosting. If done correctly it's untraceable and can be stopped only if all Internet goes dark - in this case we are screwed anyway.

kaiser needs chill pills

am I going to have to carry around a smelter and a scale to buy groceries?

The value of BTC is in its ledger. What would a ledger be worth if had recorded EVERY $$ transaction for the last 100 years. The land title business would not exist. No need for clearing house functions on Wall St. etc. etc. Consider that.

and I got to point out again that his argument about a new cryptocurrency coming out has already happened, literally a thousand times and Bitcoin is still more than eight times where it was last year. And that's after "crashing" multiple times.

good chat!

thanks for the facts Peter

The cameraman should use a light diffuser.

this was great. nany valuable points on both sides. ...I'll stick to gold and silver, however.

21st Century Battle: Digital Gold Money vs Cryptocurrency.

Cyrptos are where they are because they may be slightly better than fiat money. Eventually though, everything gets close to it's intrinsic value. The dollar is like vanilla ice cream and Bitcoin is like vanilla ice cream with a few sprinkles. The problem is, they will both eventually melt! And a few sprinkles is not exactly a huge a improvement. Only gold and silver have proven themselves to be sturdy, long-lasting forms of money. Don't be fooled by thinking a few sprinkles will fix everything.

But the price of tulip bulbs is still going up!?!

Peter, why do these people keep interrupting you... ? It is like they just can't help themselves.

@JasonParthum

6 жыл бұрын

Sometimes it's because Shiff is making unfounded claims in order to "refute" them (setting up a straw man argument). :-/

Relax peter...NOBODY is selling their PM's to buy bitcoin. But we sure as shit are spending our fiat for it!!!

Bitcoin has a scarce supply, Bitcoin also has pre-existing value in that it can evade authorities and enable true privacy. Bingo, there's your two per-requisites for money right there.

All you people that say peter doesn't get it or he is not doing enough research; don't be naive. He is playing dumb to protect his gold selling business. It is as simple as that, he has been losing market share as he had acknowledged before in this channel. So he is being offensive on crypto to defend his gold business. Same is true for Jim Rickards. He has been promoting gold for years and has ties with the industry so now he is viciously attacking crypto currencies. Please see through this "business" people and realize their true intentions...

This Millennial doesn't think you're an idiot keep up the good work sir.

Loved it!hahaha

Hi Peter. I bought some bitcoin for you. Let me know when you want to trade it for gold.

6 years later and Peter still doesnt get it.

Jumping out of the frying pan and into the fire. So accurate it's sad. People are blinded by profits.

@kbkesq

3 жыл бұрын

Bitcoin has quadrupled

Battle of Titans. Has Peter finally met his match?

i don't like how he cut Peter off at the end.

There is also a believe that gold will be accepted, the fact that it was accepted for so long doesnt mean it will always be accepted, 5000 years is nothing.

People spend their crypto

Peter Schiff stretching the meaning of fiat to demonize crypto. Crypto and fiat. Not the same thing!

@islandbee

4 жыл бұрын

@Libertarian - You're a dummy. Look at the definitions of fiat. Anyone who chooses to use these cryptocurrency are from a sheep. Even Ron Paul accepts the idea of cryptos being competitive currencies. Please change your profile name and picture with a dumb ass because you don't represent Libertarian and Ron Paul.

yea peter.

you do not buy anything with GOLD direct either. YOU sell/convert to DOLLAR then can pay for stuff. Same with bitcoin.

@VoluntaristSociety

6 жыл бұрын

BTC transaction fee for ~ hour confirm is about $5 today. Gold money would be less.

@CalifornianOnEEurope

6 жыл бұрын

maybe it would be less but again NETWORK EFFECT makes bitcoin the choice of the masses. Peter is right. GOLD was not money once until all realized all want it. Bitcoin may not yet be but it seems it has a huge chance to become as all will want the freedom it offers. Unlike a VIRTUAL HOUSE, bitcoin actually GIVES what it was designed to do: allow super easy and a fast transfers. GOLD DOES NOT. The comparison with a virtual house on internet was IDIOTIC. House is to provide PHYSICAL shelter a CURRENCY a TOKEN transfer characteristic and those are not PHYSICAL necessarily. A house on internet makes no sense but CURRENCY does make sense.

i hope ppl abandon cryptos and switch to world of warcraft gold; ill be rich. seriously though, you need to refine your arguments peter if max keiser can answer them all

sounds like we need an " Epic Rap Battle " Schiff vs Keiser Gold vs Crypto ..... Who wins.. You decide....

Dude in the back went home and researched btc while smoking a Jay

BTC isn't the real Bitcoin. Bitcoin is BSV

Peter OUR right

I heard its limited supply is no longer limited.

One of the most important foundations of a successful economy is to have a stable currency so that prices are stable and the money holds its value. This will never be true with cryptos because their supply is horribly mismatched to demand. Either there is not enough bitcoin and the price zooms up as the masses jump in to it, or other cryptos jump on the bandwagon and there is no limit to the supply. There is no mechanism for stability - they are just a speculative currency. Of course, PMs are quite inflexible as well and can't match supply with the substantial demand fluctuations of a vibrant economy - but at least can't be inflated to infinity. Go ahead and make a killing on a speculative rise in crypto prices, they will not be the sound money basis of a successful economy.

Back to the past Petter is correct on his prediction.

Peter just shut the music off at the Bitcoin party.....

When I use Crypto , there are transaction fees and Bitcoin is very Expensive compare to Litecoin. When I pay in cash, there are no fees.

Hi Peter! Watching this in late 2020. Seems like u r missing something

Max Keiser really tore it up on this pop debate on Peter Schiff. It's funny how Max Keiser ends up talking to Trace Mayer later on, where he says that he was talking to Peter Schiff at a investors' conference when Bitcoin was only *$7* and offered him an interview to discuss Bitcoin. Trace told Max at this Freedom Fest that Peter replied back saying, "Well, I don't want you making me look stupid." LOL No Peter, you're fully capable of making yourself look stupid by yourself.

@thelivingman7171

6 жыл бұрын

You're an asshat.

@islandbee

6 жыл бұрын

You're a Peter Schiff groupie dumbass. How much money have you lost so far following his advice?

@athnuachan119

6 жыл бұрын

$7!!!?? I'd be kicking myself for sure!

@mikebassett9195

6 жыл бұрын

islandbee - No one saying you can't make no money in bitcoin. What they are saying is whether it will last. Schiff thinks it has no value and I haven't heard one argument against his that prove him wrong. Does that mean you can't make money in bitcoin of course not. I don't even like schiff, but keiser has got nothing back to say.

Peter is right. How can you run a business and take payment using Bitcoin when the perceived value is so fluid/unstable ? It's purely speculative. That's the only thing driving the price up and down. The fact that the price has no limit on the upside makes it speculative. It's the tulip of monetary exchange.

@islandbee

4 жыл бұрын

If you understood the technology, then you would know that Bitcoin is the most innovative and sound monetary structure ever created. You'll continue to see the price of Bitcoin go up.

the one thing in bitcoin favor is that the 1% cant manipulate the price by shorting or trading futures.. The only people that can sell bitcoin is those that own bitcoin. Thats the problem with gold and silver pete.. Everything is moving along, things are looking great and one whale shorts a bunch of paper gold on the market and we loose our steam... I like gold but the fact it has paper contracts is a real problem. Also Pete the value in the Bitcoin is the blockchain.. The labor and cost of the computation of the block chain in energy and hardware is just like the cost of mining gold or silver. I cant use bitcoin for industrial uses like conducting energy or filling a cavity so in that area gold and silver win.

@shouldnotinterrupt

6 жыл бұрын

Peter cannot address this weakness in gold. Omitting this fact is disingenuous of his part and the reason why I have lost respect for Peter.

Wow, Keiser was not even listening. I agree w/ Peter. The currency needs to be backed with gold.

@tennistimetiborhunyadi3934

3 жыл бұрын

Do you still think that today?

@wrongfulconvictions0312

3 жыл бұрын

@@tennistimetiborhunyadi3934 Now more than ever, yes.

@tennistimetiborhunyadi3934

3 жыл бұрын

@@wrongfulconvictions0312 Thanks so much for the reply. Would you care to elaborate on that? Super interesting...

@wrongfulconvictions0312

3 жыл бұрын

@@tennistimetiborhunyadi3934Not being on a gold standard is what got us into this mess. Spending, borrowing, creating debt that's not backed by anything. It's terrifying not knowing how to prepare for the possibility that all of our dollars will soon become worthless pieces of paper. And we need to move away from central banking. Reset things to 1912. Do you not expect hyperinflation? Because that seems to be where we're heading.

@tennistimetiborhunyadi3934

3 жыл бұрын

@@wrongfulconvictions0312 Thanks for the explanation. Yes, hyperinflation is not excluded, especially with stimulus checks which goes on the level of trillions. That much money injected on the markets should lead to the depreciation of the dollar even quicker. Somehow I'm surprised it didn't already happen. The FED is doing something to keep the level of the dollar still respectable, but I don't know how they are doing it... I was surprised at your initial comment, saying that Bitcoin itself should be on the gold standard, since bitcoin seems to be even better in the modern world, and for the more digital world, than gold. 1 Bitcoin has the value of over 55 thousand dollars today. We have MicroStrategy, Square and Tesla, big names - putting Bitcoin on their balance sheet, they don't consider gold right now. That tells me, they have done the research and understand, the world is ready for a new form of currency. Bitcoin is not digital FIAT as Peter Schiff was saying. USDT - Tether or stable coins are digital FIAT, or the Chinese YUAN which was just now launched digital fiat, but not Bitcoin. At least that's my perception.

I see your point Peter. Bitcoins true value is in the technology itself(blockchain) and that technology can be applied in other forms outside of just bitcoin.

if your selling gold you don't want to promote your competitors product. Its just a vested interest no different from a lawyer representing the side that pays them!

Peter Schiff you are displaying cognitive dissonance. For the reason you say bitcoin could be superseded by another crypto is the exact reason gold is currently being replaced with bitcoin. The difference being that moving from the physical world to the digital whist keeping the properties of gold (or simply money) was the difficult part. Anything additional that a crypto can offer from this point can be added as a layer to bitcoin, or be backed in bitcoin. A crypto could be backed by gold if it wanted to be, but when it already possess the same properties there isn't a need for this. There is a reason people stopped using gold as a means of exchange, it became too difficult and something which at the time appeared better took it's place, fiat. We are now coming to realise the hidden flaw in fiat that needs to be addressed, control of supply. But now we don't need to wait for the government to fix it. We did it ourselves. Bitcoin. With programming languages and innovation like ethereum using crypto as a means of exchange will soon be as easy as debit cards. You are clutching straws Peter. The longer you take to reconsider your position the more you will lose out. Max makes a very good counter regarding the gold money debit card, you have no legitimate response to this because it proves you wrong. Max also mentions listening to the market, you may know that gold has been around for longer and is money, but the younger generation favour digital assets over gold, CLEARLY. I like your work Peter, I hope at least reconsider.

@depecheddurand

3 жыл бұрын

Gold can never be replaced with bitcoin. You didn't get his point on how many types of gold are there? there is only one type you can`t destroy it . Bitcoin is a cryptocurrency and there are 100s of them who knows which one exceeds in demand in the future. Maybe etherium becomes the next bitcoin and bitcoin loses all its charm. Then what?? while good old gold will still be gold.

What if noone wants gold anymore. That's subjective theory of value and it works for gold just like crypto. History does seem to count for something but no reason why crypto couldn't usurp gold

great discution

He's so wrong. Scruff! If you can buy a Visa card and use that card. Your argument is null in void.

Max, Put all your money into Crypto if you are such a believer. When the Stock Market Crashes, or there is a war with N Korea, keep your money in it as you see it vanish into thin air. Then Watch what happens to the price of Gold and Silver. Make the pledge now Max! LOL!

unless cryptos will be able to provide internet to the holders, move something tangibly/ preserve WEALTH & do something w/o the need of internet &/or electricity, it is fiat.

its funny what a difference 10 months makes... who doesn't get it now?

8:00 Enter Richard Heart and $HEX...

Gold isn't the same as silver because it's unique in the periodic table. Please clarify this statement...

@VaporTrap

6 жыл бұрын

what kind of clarification could you need on this statement?

@VaporTrap

6 жыл бұрын

each element has unique properties

i think max needs a chart to see the fluctuation, gold is stable!

Max Keiser doesn't understand the difference between the using of jewels as money historically and the use of gold historically. Jewels have been used sometimes, so has rice and other weird stuff. BUT gold has been money since the history of the written word, and was used as money until 1971, in fact, some merchants still accept gold, straight up. To say that's the same as jewels or something like that is nonsense

Change is hard at first, messy in the middle and gorgeous at the end. This is change Peter. Learn to accept it or you will be left far behind. I hope people doesn't ended of making a video about "Peter Schiff was dead wrong" in future. I have been following you for ages. I respect your opinion when it came to precious metal and housing bubble. But I think you are underestimating the power of people. Cryptocurrency is people's money. You should put your ego down, your precious metal business aside and do some research on cryptocurrency. It is the future and it's here to stay. All the best!!